Viacom18 bags BCCI media rights for next five years, confirms board secretary Jay Shah10Photo© hindustantimes.com

Viacom18 bags BCCI media rights for next five years, confirms board secretary Jay Shah

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The BCCI media rights auction for the 2023-2028 cycle took place on Thursday and Viacom18, a joint venture between Paramount Global and Reliance Industries, won the digital rights for India’s home cricket matches for the 2023-2028 cycle.

The auction was conducted in Mumbai, with three companies bidding for the rights: Disney Star, Sony Sports, and Viacom18.

Viacom18’s win is a major coup for the company, which has been looking to expand its sports portfolio.